Saudi ArabiaGold Priceأسعار الذهبالسعودية
ع
Gold ounce$3,968▲ 0.70% 24K gold / gram477.97 SAR▲ 0.70% 21K gold / gram418.64 SAR▲ 0.70% Silver / gram6.15 SAR▲ 0.48%

Scrap silver calculator

Silver value in jewelry, tableware and coins by weight and purity at today's price.

Purity
Pure gold value at today's price…Saudi riyal
Pure silver in the piece
… g
Gram price at this purity
… SAR
Expected scrap offer (70% to 90%)
… to … SAR

Method: weight × purity × fine silver gram price. Shops pay a lower share for silver than gold because the metal value is small relative to processing cost.

Why shops pay a smaller share for silver

Metal value in a silver piece is small relative to testing and melting costs, so the discount is larger than for gold, usually 10% to 30%.